Markets crash 2%, Nifty below 22,850, Sensex down 1690 pts

The domestic share market ended on a lower note on Friday dragging the benchmark indices 2% lower amid broad-based selling across sectors, continued depreciation of the rupee, and lingering uncertainty over the de-escalation of the US–Iran conflict.At close, the Sensex was down 1,690.23 points or 2.25 percent at 73,583.22, and the Nifty was down 486.85 points or 2.09 percent at 22,819.60. 
ONGC, TCS, Wipro, Bharti Airtel, and Coal India were the top gainers on the Nifty, while losers included Shriram Finance, Tata Motors Passenger Vehicles, InterGlobe Aviation, Reliance Industries, and Bajaj Finance.On the sectoral front,All sectoral indices closed in the red, led by sharp losses in PSU banks and realty, which declined more than 3% each. Auto, consumer durables, capital goods, and private banks fell 2% each.Broader markets mirrored the weakness, with the Nifty Midcap index dropping 2.2% and the Smallcap index declining 1.7%.
Rupee Close: 
On 27 Mar'26,the Indian rupee declined 0.9% to close at 94.81 against the US dollar on Friday amid mounting worries over ​the energy crisis sparked by the West Asia war putting the ⁠currency on track for its worst fiscal-year drop in more than a decade. 
Trading Guide: 
Market experts recommended five shares to buy on Friday- Karnataka Bank, Lumax AutoTechnologies, Syrma SGS Technology, Glenmark Pharmaceuticals, and Aditya Birla Sun Life AMC.

(Business Correspondent)